Tag Archives: How to Invest in Bitcoin

Many of the people are intrigued by the continuous rise in the price of Bitcoins. Many people live in fear that if they invest in Bitcoin at the current price, they would be losing a significant amount of money. The truth is that still you can invest in Bitcoins in the right way. You have to make sure that you are having a proper strategy before investing in Bitcoins. Today we would share with you best ways to invest in Bitcoin.

Going through a reputed exchange:

Instead of buying Bitcoins through a shady website, you have to go through the reputed exchanges like coin base, Kraken etc. when you are able to invest in Bitcoin with the help of these reputed exchanges, it becomes easier for you to buy Bitcoins as well. Also, the liquidity on the platform is on higher side.

This ensures that you would be able to buy and sell the Bitcoins quite easily. Moreover, you have to look into the limitations of these platforms before you submit your documents. Only when the rules and regulations of these websites are good enough for you, you can go ahead and invest in Bitcoins through these websites.

Investing through investment schemes:

Currently, there are mutual funds as well as other websites which can help you in investing a part of your portfolio in crypto currencies. These crypto currencies would also include Bitcoins. That is why, if you do not want to directly invest in Bitcoins, you can opt for these mutual funds as well as crypto currency funds which would ensure that you are able to invest in crypto currencies with the expertise of the mutual fund managers. This significantly reduces the risk of investing in crypto currencies.

Mining:

If you do not want to invest in Bitcoins at such a high price, you can invest in a mining rig. This would ensure that you are able to generate Bitcoins with a profit. This can also ensure that if you are able to run the rig, for a longer period of time, you would be able to get a significant number of Bitcoins as well. Since the price of Bitcoins is continuously increasing, you would be able to get a decent profit through mining as well.

So, whenever you are looking for the best ways to invest in Bitcoin, it is important to look into these 3 best ways to invest in Bitcoin which we have discussed above and thereafter you can decide which option you need to opt for.

Best Bitcoin Investment Sites and Exchanges

There are quite a few exchanges as well as industries which are using Bitcoins as the default currency. Instead of just holding, you can deposit your Bitcoins on these websites on a daily interest. You can also withdraw your Bitcoins whenever you need them. Thus, instead of keeping the Bitcoins as it is in your wallet, you can opt for depositing the Bitcoins in these investment websites in order to get a consistent return.

We would today share with you some such options which would help you in investing your Bitcoins.

This particular website allows you to lend to other businesses as well as individuals using Bitcoins. Depending on the credit rating of the borrowers, you would be able to get interest on the Bitcoins which you are lending. This website is a form of peer to peer lending only the currencies in the form of Bitcoins.

2. Ethtrade.net:

This website offers you a return in the range of 15% on a monthly basis when you’re depositing your Bitcoins. They use the Bitcoins for trading purposes. They also provide you with a secure and easy interface when you’re depositing your Bitcoins or withdrawing your Bitcoins through this website. The website is consistently trading in different crypto currencies as well as Bitcoins. Owing to this very reason, it needs as many Bitcoins as it can get. That is why this is a good option when you’re trying to invest Bitcoins.

3. Ebitinvest.com:

This website offers a platform for crypto currency trading. That is why they are looking for Bitcoin deposits. You would be able to get a monthly interest on your Bitcoin deposits. Currently, they are offering a very high-interest rate on Bitcoin deposits. That is why you should research very well before investing with this website.

4. Bitcoininvest.eu:

This company is registered in the United Kingdom. They use Bitcoins to trade in stocks as well as other crypto currencies. They offer you up to 3% on a daily basis. They have different plans depending on the number of days for which you want to invest.

As you can see, when you’re looking for top Bitcoin investment sites, you have to look into these few options. You have to research the top Bitcoin investment sites carefully and after that, you would be able to get the correct website through which you would be able to earn interest by depositing Bitcoins.

As bitcoins have become more popular and the market volatility has dropped, the profit you can make from simply buying and holding bitcoins has dropped significantly.

Luckily, there is another way to make money with bitcoin: Peer to peer lending. Since this method is less traditional than many other methods, you can generate great returns on your investment with just a bit of research and smart decision making.

Keep reading to find out how you can achieve a 20% ROI each year on your bitcoin investment.

Disclaimer: With great reward comes great risk. Do your research and understand what you’re doing before you go out and invest all of your savings in bitcoin. Making smart decisions with your money is the safest and best way to guarantee a great investing experience and profit.

Bitcoin Investment – Best Practices

Before we go into the top 5 bitcoin investment sites, let’s cover how you can safely and securely invest your money. Since most bitcoin loans offer a high interest rate, it’s more important to verify the credibility of the person you’re loaning to rather than looking solely at the interest rate.

After setting up an account, there are several elements you should look for before choosing someone to loan your bitcoins to:

Solid credentials

Member of the site for a sufficient period of time

Reputation and no negative reviews

Specific borrower interactions

Now that you’ve confirmed the reliability and credibility of the borrower, you can finally look into the interest rate of the investment. A few tips for lending money:

Find loans that are almost 100% funded. These are likely more reliable.

Look for people that have already repaid some earlier loans.

Look for projects with very specific descriptions.

Now that you know how to identify a reliable person to loan money to; what kind of loans you should look out for.

*Note: We didn’t include the most popular site BTCJam because they’re shutting down lending on their site.

Site 1: BTCPop.com

BTCPop is the first site we cover that allows you to lend to your peers using cryptocurrency technology. Their lending site is based solely on reputation; not credit score, which has its own benefits and drawbacks. Follow the steps outlined above and you can minimize the risk of loaning out your money on this site.

BTCPop also allows you to exchange your money into different cryptocurrencies, move your money into large pools, and invest in startups that are using the site.

Site 2: BitLendingClub.com

BitLendingClub is another bitcoin lending site that has over 2073 borrowers, 9963 loans funded totaling over $7,963,687, and over 4718 active investors. In a few simple steps, you can sign up, get verified, and submit a loan request. Or, you can help fund an active loan on the site.

Site 3: BitBond.com

BitBond is the third bitcoin lending site that we suggest taking a look at. They offer profitable interest rates for individual investors, as well as loans for small businesses. BitBond successfully leverages bitcoin as a technology and payment network to create the first global market for small business loans or fixed income loans. With digital currency, BitBond makes loaning out to small business quicker and easier because they can bypass the slowness and expense of traditional payment transactions.

Site 4: Tether.to

Tether is a more recently created company that is built upon open blockchain technologies. It’s 100% backed, offers widespread integration, and is transparent and secure with all of its transactions.

Tether offers solutions for blockchain companies, exchanges, and the individual trader; making it a very versatile solution for any number of exchanges. It also allows you to make transactions with several different cryptocurrencies, so you’re not limited to bitcoin.

Site 5: CoinStaker.com

Last but not least is CoinStaker. They offer a nice overview of how P2P bitcoin lending can work, and allow you to also gamble, trade, monitor, and buy your bitcoins.

If you choose P2P bitcoin lending as a way to earn more bitcoin, do some thorough research on each of these sites before making a final decision. Peer to peer lending can be a great way to earn interest on your bitcoin, if you play it safe and make educated decisions about who you lend to. Be safe and enjoy lending.

Investing in cryptocurrency is becoming more and more popular. The problem is that normal people are not that tech savvy to understand the entire concept of cryptocurrency. If you’re investing in the wrong way, you can lose a significant amount of money. Owing to this very reason, when you are trying to invest in crypto currency, it is important to 1st find out the basics of the same. Today we would share with you a complete guide to investing in cryptocurrency.

With the increase in popularity of digital cryptocurrencies, more and more people have flocked to bitcoin as a means to invest and make money. Bitcoins are even beginning to be accepted as a formal method of payment in many cases.

Parallel to the increase in demand for bitcoins is the fact that the number of bitcoins that can be mined goes down by half every four years. With the decrease in supply of bitcoins and the increased demand, the value of bitcoins is going steadily up, making now the perfect time to start investing in bitcoin.

Keep reading for a step by step guide on how you can easily start investing in bitcoin.